SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM Stock Holdings Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 15.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 268,953 shares of the company’s stock after buying an additional 36,097 shares during the period. Envestnet Asset Management Inc.’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $12,210,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SEIM. Petra Financial Advisors Inc. raised its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.6% during the 2nd quarter. Petra Financial Advisors Inc. now owns 28,183 shares of the company’s stock valued at $1,188,000 after acquiring an additional 436 shares in the last quarter. WPG Advisers LLC boosted its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 19.1% in the third quarter. WPG Advisers LLC now owns 4,678 shares of the company’s stock worth $212,000 after purchasing an additional 751 shares during the period. NewEdge Advisors LLC increased its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% during the second quarter. NewEdge Advisors LLC now owns 43,268 shares of the company’s stock valued at $1,824,000 after purchasing an additional 765 shares during the last quarter. Assetmark Inc. increased its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 197.6% during the second quarter. Assetmark Inc. now owns 1,223 shares of the company’s stock valued at $52,000 after purchasing an additional 812 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% during the fourth quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock worth $49,000 after purchasing an additional 816 shares during the period.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Performance

SEI Enhanced U.S. Large Cap Momentum Factor ETF stock opened at $47.48 on Wednesday. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 1 year low of $30.96 and a 1 year high of $48.65. The firm’s 50-day moving average is $47.11 and its 200-day moving average is $45.56. The company has a market cap of $737.36 million, a P/E ratio of 29.16 and a beta of 1.09.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were paid a $0.0628 dividend. The ex-dividend date was Monday, December 29th. This is an increase from SEI Enhanced U.S. Large Cap Momentum Factor ETF’s previous quarterly dividend of $0.06. This represents a $0.25 dividend on an annualized basis and a yield of 0.5%.

About SEI Enhanced U.S. Large Cap Momentum Factor ETF

The SEI Large Cap Momentum Factor ETF (SEIM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process. SEIM was launched on May 18, 2022 and is managed by SEI.